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Jun 20, 2013
06/13
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>>> and why kate and william's royal baby may mean of a big boost for the economy. that is tonight. >>> from washington, this is "nightline," with terry moran. >>> good evening everyone, the day the soprano's pilot first aired, the day james gandolfini became a household name. well, today is the day we lost that vanguard forever. >> reporter: sometimes an actor finds a role that just connects. the role of a lifetime. james gandolfini, who died suddenly today at 51 was tony soprano. for 86 episodes over six seasons on hbo, gandolfini seared america's eyeballs with the portrayal of the man capable of staggering violence. with news of an apparent heart attack while he was in italy, the world has lost not only a very talented actor but also a cultural icon. but success was a long time coming for gandolfini. >> i had such anger, when you're young, a lot of people have anger, you're pissed, you're not sure why. that is probably why you are all sitting here. you want to express something, you don't know what it is. >> reporter: gandolfini began his career playing cold-hear
>>> and why kate and william's royal baby may mean of a big boost for the economy. that is tonight. >>> from washington, this is "nightline," with terry moran. >>> good evening everyone, the day the soprano's pilot first aired, the day james gandolfini became a household name. well, today is the day we lost that vanguard forever. >> reporter: sometimes an actor finds a role that just connects. the role of a lifetime. james gandolfini, who died suddenly...
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Jun 18, 2013
06/13
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KGO
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to figure out whether the fed will cut back on some of the incentives that have helped stimulate the economy. last month chairman ben bernanke said that the fed might start dialing back on bond buying. investors will be hoping to hear when this might happen and what effect it could have on rates. >>> major airlines have improved their customer satisfaction ratings for the second year in a row. and just like last year, jetblue came out on top followed by southwest. even with the improvements, though, airlines still are low rated when compared to other industries. air carriers are at the bottom along with cable tv and internet providers. >>> we're expecting to learn more today about why chrysler is refusing to recall nearly 3 million jeeps over safety concerns. until now the company provided only a three-page paper explaining the refusal but today is the deadline fora more comprehensive response. government experts claim the rear mounted fuel tanks on the suvs can cause deadly fires in a collision. >>> and ford is going back to the basics, at least when it comes to the car radio. after years o
to figure out whether the fed will cut back on some of the incentives that have helped stimulate the economy. last month chairman ben bernanke said that the fed might start dialing back on bond buying. investors will be hoping to hear when this might happen and what effect it could have on rates. >>> major airlines have improved their customer satisfaction ratings for the second year in a row. and just like last year, jetblue came out on top followed by southwest. even with the...
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Jun 21, 2013
06/13
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KGO
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the 350-point plunge comes just as the government says the economy is getting better. everything from housing to jobs, to consumer spending, all showing improvement. so, why would wall street run scared from such good news? experts say, it's all because fed chair ben bernanke, basically our country's banker in chief, now wants to take the training wheels off our economy. saying because things are looking up, it's time to dial back on trillions of dollars the fed's been pouring into the markets. >> we've had training wheels on for quite some time now. and now, we're getting word that they're going to have to come off slowly. and we have to see if we can ride this bike on our own. >> reporter: but riding without that help means the cost of borrowing money to do everything from buying a house to starting a business is going up. and that spooks the stock market. and staying on that training wheels theme, traders here on wall street aren't afraid we're going to crash into a wall when the wheels come off. what they're concerned about is things could get wobbly. that means un
the 350-point plunge comes just as the government says the economy is getting better. everything from housing to jobs, to consumer spending, all showing improvement. so, why would wall street run scared from such good news? experts say, it's all because fed chair ben bernanke, basically our country's banker in chief, now wants to take the training wheels off our economy. saying because things are looking up, it's time to dial back on trillions of dollars the fed's been pouring into the markets....
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Jun 20, 2013
06/13
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KGO
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the economy is expected to grow by at least 3% next year. unemployment could drop as low as 6.5% by next year. it's all looking like better news. but on the flipside, interest rates are moving higher, which means that the cost of buying a home or buying even a car could go up. so, take a look at this. every time that mortgage rates go up just 1%, the cost of buying a home gets 10% more expensive. that could deter a lot of buyers. and of course, higher interest rates, they do benefit some people like savers and retirees living off bank accounts and cds. so, it's some good news for those living on a fixed income, josh. >> indeed it is. rebecca jarvis, thank you for that. >>> we're going to turn to the firefight in the west. at last check, that fast-moving wildfire north of phoenix is 0% contained. you see pictures of it there. nearly 500 homes are threatened. and another wildfire has erupted in colorado. this one southwest of denver. those hot and windy conditions are fueling the flames. sam's forecast coming up in a bit. >>> and finally, a wi
the economy is expected to grow by at least 3% next year. unemployment could drop as low as 6.5% by next year. it's all looking like better news. but on the flipside, interest rates are moving higher, which means that the cost of buying a home or buying even a car could go up. so, take a look at this. every time that mortgage rates go up just 1%, the cost of buying a home gets 10% more expensive. that could deter a lot of buyers. and of course, higher interest rates, they do benefit some people...
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Jun 21, 2013
06/13
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KPIX
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bernanke's announcement is good news when it comes to the economy. jeff glor is at the new york stock exchange. >> good morning to our viewers in the west. it was an anxious overnight for the markets after the dow lost yesterday and lost 560 points the past two days. the dow sunk to its lowest point this year. its biggest one day drop since november 2011. which comes on the heels of ben bernanke's announcement that the federal reserve is planning to slow its stimulus effort. >> in measured steps through the first half of next year. >> reporter: on wednesday, bernanke said a pullback on $85 billion worth of bond purchases made each month could begin by the end of this year. >> this is a natural correction we've been looking for. >> reporter: china is the world's second largest economy. it's work on its own issues. chinese banks are making it more difficult to lend cash. as credit tightens chinese consumers are spending less on goods from the west which weakens other economies in the process. the stimulus ending and china's slowing combination has inve
bernanke's announcement is good news when it comes to the economy. jeff glor is at the new york stock exchange. >> good morning to our viewers in the west. it was an anxious overnight for the markets after the dow lost yesterday and lost 560 points the past two days. the dow sunk to its lowest point this year. its biggest one day drop since november 2011. which comes on the heels of ben bernanke's announcement that the federal reserve is planning to slow its stimulus effort. >> in...
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Jun 20, 2013
06/13
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KPIX
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>> do you think they're overestimating the strength of the economy? >> it's hard to say. there is very good evidence because the housing market has gotten some momentum. the auto sector is doing well. weep we've had steady if not strong gains in jobs. there was also a perception, a the fed is often kind of overestimated how strong the economy is going to be in the past couple of years. and also there was sort of a sense that ben bernanke the chairman, had an opening to be much more soothsing because inflation remains very low and he could have had an out by saying the sequester means the government is not helping the recovery out. >> the reason the average consumer should be interested in this is because it affected interest rates. >> it already has. we've already probably seen the lows in mortgage rates for the time being. so yes, that's the most immediate impact. >> the idea behind it on terms of what bernanke had said was he wanted to use the fed to reduce unemployment levels. >> that's right. >> did it work? >> well, it has worked. in the sense th
>> do you think they're overestimating the strength of the economy? >> it's hard to say. there is very good evidence because the housing market has gotten some momentum. the auto sector is doing well. weep we've had steady if not strong gains in jobs. there was also a perception, a the fed is often kind of overestimated how strong the economy is going to be in the past couple of years. and also there was sort of a sense that ben bernanke the chairman, had an opening to be much more...
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Jun 20, 2013
06/13
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KNTV
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the fed plans to slow down its rate of buying bonds to keep interest rates down, saying the economy is getting stronger are. well that could ultimately send rates up on mortgages and cars and credit cards. >>> you might pay less this summer to cool your home. the energy information administration says milder weather predicted for this summer may save you some money on your electric bills, even if it's just a few dollars month, but we'll take it. >>> if you're planning a trip to yellowstone or grand teton national park, be forewarned, the parks have issued a health advisory warning advice gore an outbreak of norovirus in the park that has sicken and the least 200 people already, even before the big summer season starts. the advisory is telling visitors to wash their hands a lot. >>> paris launched a campaign for improving its reputation. some tourerists complained that waiters, taxi drivers and sales people there come off as rude at times. local tourism officials are giving out manuals to people who work in paris with guidelines for better etiquette. >>> new baby pictures to show you th
the fed plans to slow down its rate of buying bonds to keep interest rates down, saying the economy is getting stronger are. well that could ultimately send rates up on mortgages and cars and credit cards. >>> you might pay less this summer to cool your home. the energy information administration says milder weather predicted for this summer may save you some money on your electric bills, even if it's just a few dollars month, but we'll take it. >>> if you're planning a trip...